ICICI Bank Ltd 28 November 2024 1240 Put

ICICI Bank Ltd 28 November 2024 1240 Put

Q: What is the ICICI Bank Ltd 28 November 2024 1240 Put Option?

The ICICI Bank Ltd 28 November 2024 1240 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the ICICI Bank Ltd stock at a strike price of 25,200 on 5th September 2024. It is used to hedge against or speculate on a decline in the ICICI Bank Ltd stock. Its value depends on the stock's performance relative to the strike price.

Q: What is the significance of the strike price in ICICI Bank Ltd 28 November 2024 1240 Put?

The significance of the strike price of 25,200 in the ICICI Bank Ltd 28 November 2024 1240 Put Option is the level at which the holder can sell the ICICI Bank Ltd stock. It determines the point at which the Option becomes profitable if the stock falls below this value. The significance lies in its impact on the Option's potential value and profitability based on ICICI Bank Ltd's movement.

Q: How does the expiry date affect the ICICI Bank Ltd 28 November 2024 1240 Put?

The expiry date determines the final opportunity to exercise the ICICI Bank Ltd 28 November 2024 1240 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the ICICI Bank Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the ICICI Bank Ltd 28 November 2024 1240 Put be sold before expiry?

Yes, the ICICI Bank Ltd 28 November 2024 1240 Put can be sold before expiry. Selling the Option before expiry allows you to avail any gains or limit losses based on the Option's current market value. The price at which you can sell it depends on market conditions and the ICICI Bank Ltd stock's performance.

10.65

+0%(null)

Graph not available

Explore our products

₹0 Brokerage *

Open Demat Account

By signing up you agree to our Terms and Conditions

Explore our products

₹0 Brokerage *

*By signing up you agree to our Terms and Conditions

ICICI Bank Ltd

₹1,256.95

+0.26% (3.20)

ICICI Bank Ltd Option Chain

Performance

Today's Low

1243.05

▲

Today's High

1267.7

Today's Low

1243.05

Today's High

1267.7

▲

Open

11.2

Prev. Close

11.3

Total Sell Qty

2100

Total Buy Qty

1400

Open Interest

863800

Total Volume

3010700

ICICI Bank Ltd 28 November 2024 1240 Put

Get Your FAQs Right

What is the ICICI Bank Ltd 28 November 2024 1240 Put Option?

What is the significance of the strike price in ICICI Bank Ltd 28 November 2024 1240 Put?

How does the expiry date affect the ICICI Bank Ltd 28 November 2024 1240 Put?

Can the ICICI Bank Ltd 28 November 2024 1240 Put be sold before expiry?